Guwahati: Federation of Industry and Commerce of North Eastern Region (FINER) on Sunday termed the Union Budget a “balanced and fiscal-disciplined” and not a populist one. They maintained that it was drafted keeping in mind the “geo-political tensions”, including the Russia-Ukraine war, tariff hikes by the US and “other negativities”. “This is not a populist…
New Delhi: Shares of electronic manufacturing companies rose up to 6 per cent after Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in 2026-27. The stock of Syrma SGS Technology jumped 5.95 per cent to Rs 806.35, Dixon Technologies (India) Ltd climbed 4.21 per cent…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed to set up a Rs 10,000 crore fund to create champion small and medium enterprises (SMEs) to boost the economy. Presenting Union Budget 2026-27, she also proposed a scheme for container manufacturing to create a globally competitive ecosystem. Also, mega textile parks with a focus on…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday said the target for capex will be raised to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal year and announced a slew of measures to boost infrastructure in the country. Presenting the Union Budget for 2026-27 in the Lok…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed incentives of Rs 100 crore for single bond issuance by municipal corporations of more than Rs 1,000 crore. She also announced the restructuring of REC Ltd (formerly Rural Electrification Corporation) and Power Finance Corporation (PFC) as part of the government’s public sector financial institution strengthening. The…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed Rs 20,000 crore for a carbon capture and utilisation scheme across sectors, including steel and cement. Presenting the Union Budget for 2026-27, the minister said the government will provide incentives for manufacturing seaplanes in the country as part of efforts to boost tourism. Meanwhile, a high-level…
New Delhi: The Union Cabinet, headed by Prime Minister Narendra Modi on Sunday approved the Union Budget 2026-27. Following the approval, Finance Minister Nirmala Sitharaman will present her ninth record Budget in the Lok Sabha that comes in the backdrop of global uncertainties and slowdown in exports. This is the third Budget of the BJP-led…
Washington:US President Donald Trump claimed that India will purchase oil from Venezuela instead of buying Iranian oil. Meanwhile, he also said that China is “welcome” to buy Venezuelan oil. However, there have been no comments on the same from the Indian government yet. According to ANI, addressing reporters aboard Air Force One, he said, “China…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday called on President Droupadi Murmu before presenting her record ninth Budget in the Lok Sabha. As per established tradition, the finance minister met the President at the Rashtrapati Bhavan before heading to Parliament. Before going to the Rashtrapati Bhavan, Sitharaman posed with her Budget team in front…
Dehradun: The winter pilgrimage in Uttarakhand, which began last year, has gained momentum, with over 34,000 pilgrims visiting the winter seats of the Char Dham shrines since their closure, according to a government statement. Prime Minister Narendra Modi had visited the state a year ago to promote the winter pilgrimage, and it is now progressing…
